Searches And Hires
The RFP was approved at yesterday’s board meeting to increase the plan’s commitment to private core real estate and to non-core real estate.
The retirement system agreed to part ways with an active manager that had been on watch due to lagging performance.
The search will be conducted to replace domestic large-cap value equity manager Hamlin Capital Management, which was terminated last month.
The city is conducting a review of available services and currently utilizes PFM Asset Management.
The retirement system is searching for a U.S. small-cap growth equity manager to handle a $40 million mandate.
The city received five proposals in response to an RFP issued in April.
The retirement association selected a firm to split its 6% allocation to liquid credit at today’s board meeting.
The search is open to real estate debt and opportunistic strategies.
The institution is seeking firms to provide investment advisory and quarterly investment performance monitoring services.
The economic development agency is looking to engage a firm to review its venture programs and possibly provide ongoing investment advisory services.
